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MGM Resorts eager to launch business in Osaka

  • February 7, 2018
  • , Nikkei , p. 13
  • JMH Translation

With Japan’s Diet expected to deliberate on bills related to the operation of integrated resorts in the ongoing session, MGM Resorts International President Bill Hornbuckle expressed his firm’s intention to launch resort businesses in Japan. The U.S. firm sponsors a committee to support Osaka’s bid to host the world expo in 2025. “We would like to launch businesses in Osaka, Yokohama, Tokyo, and other parts of Japan in partnership with Japanese firms,” he said.

 

Hornbuckle gave an interview to Nikkei Shimbun. He expressed interest in operating resort businesses in the Tokyo metropolitan area as the Olympics will be held there in 2020. But he also noted that he will give priority to Osaka because the western city is close to Kyoto and Nara and is “expected to thrive as an IR city in Asia.” MGM has established a solid standing in Macau in partnership with a local business there. “We can become a catalyst to attract people to Japan,” he said.

 

MGM Resorts, which was established by spinning off the hotel and casino operations from an American motion picture company, operates about 46,000 hotel rooms mainly in Las Vegas. “Las Vegas is thriving not only in the casino industry but also has growing demand for the international conferences, training tours, and exhibitions known collectively as MICE. Japan needs to have such functions as well,” Hornbuckle said.

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